News from the Finance Committee May 2022

May 18, 2022

Adjusted Operating Budget (2022):                                                                     $845,000
Actual Receipts (April 30):                                                                                    $133,816
Actual Expenditures (April 30):                                                                            $104,287
Current Operating Balance:                                                                                  - $27,928
 
St. Andrew continues to have a negative operating balance; however, we are encouraged that our deficit has improved slightly since the end of March and we hope this trend will continue. Your faithful support over the past several years has allowed us to develop a reserve, so we won’t need to borrow money to cover this expense. For more information: The detailed report is available in the church office. Contact the Karen Field  if you have any questions or if you would like a pdf copy of the Finance Report sent to you via email or regular mail.
 
Endowments
This past year (7/1/2021 to 6/30/2022) is the first year for funds to be used from the Schall Family and General St. Andrew Endowments based on the policy developed by the team that was so ably led by Bob Sorensen. Funds from the endowments were used for support of the recently presented scholarship, Dephine Iradukunda in pursuit of her studies at Garrett Seminary, and toward recovering our Great Room chairs. The funds were distributed based on the guidelines developed for the endowments. Funds from the Alvey Family Endowment will be available for this year beginning July 1 in addition to new funds from the other two endowments.
 
Giving Statements
The giving statements for 2022 through April 30 have been distributed. Let the church office or Larry Biehl know if you have any questions about them.

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SERVICE TIMES

Traditional Worship - Sundays at 8:30 a.m.
Contemporary Worship - Sundays at 10:30 a.m.

OFFICE HOURS
Monday - Thursday 9:00 a.m. - 3:00 p.m. | Friday 9:00 a.m. - noon

 

St. Andrew United Methodist Church
4703 N 50 W | West Lafayette, Indiana 47906
765-497-7755